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Beef prices hit all-time high in U.S.
latimes.com ^ | April 8, 2014 | David Pierson and Tiffany Hsu

Posted on 04/09/2014 3:42:47 AM PDT by ilovesarah2012

Come grilling season, expect your sirloin steak to come with a hearty side of sticker shock. Beef prices have reached all-time highs in the U.S. and aren't expected to come down any time soon. Extreme weather has thinned the nation's beef cattle herds to levels last seen in 1951, when there were about half as many mouths to feed in America. "We've seen strong prices before but nothing this extreme," said Dennis Smith, a commodities broker for Archer Financial Services in Chicago. "This is really new territory." The retail value of "all-fresh" USDA choice-grade beef jumped to a record $5.28 a pound in February, up from $4.91 the same time a year ago. The same grade of beef cost $3.97 as recently as 2008. The swelling prices are roiling the beef supply chain from rancher to restaurant.

(Excerpt) Read more at latimes.com ...


TOPICS: Business/Economy
KEYWORDS: beef; foodprices
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To: EBH

Fresh fruits and veggies can generally be had for about $1 a pound, maybe $3 a pound for organic.

For people eating a pound a day—not juicing through them like crazy!—that’s $7 to $21 a week.


41 posted on 04/09/2014 5:48:45 AM PDT by 9YearLurker
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To: ilovesarah2012

Lots of reasons for increased beef prices including several years of drought in cattle country, a winter storm that decimated beef herds in the Dakotas and the ethanol boondoggle that diverts 40% of our corn crop to making motor fuel that could have gone to beef production. However, with high prices beef producers will increase their herds leading eventually to lower beef prices.


42 posted on 04/09/2014 6:06:08 AM PDT by The Great RJ
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To: erod

Depends on the big packers honestly.

I know quite a few beef farmers. They are not getting the premium that is being charged in the grocery stores.

There is a reason I buy my beef from farmers I know.


43 posted on 04/09/2014 6:14:53 AM PDT by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: 9YearLurker

How many servings of fruits and veggies are you supposed to get per day? I only juice for two 8oz. glasses per day. That’s 2 fruits and 4 veggie servings, still not the required daily servings.


44 posted on 04/09/2014 6:31:03 AM PDT by EBH (And the head wound was healed, and Gog became man.)
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To: EBH

I don’t know how many pounds of veggies it takes to make an eight ounce glass of juice.

But if you just had six three-ounce servings of veggies a day (thus getting all the fiber as well), you’d be about at the pound-a-day rate of veggie use. That would mean you were paying almost $9 a pound for your veggies.


45 posted on 04/09/2014 6:46:24 AM PDT by 9YearLurker
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To: 9YearLurker

This morning’s glass of juice:

2 Carrots
Half a cucumber
1 beat root with leaves
1 Apple

Yielded a little over 8 oz.

I will give you consideration that you don’t know much about modern juicing


46 posted on 04/09/2014 6:51:53 AM PDT by EBH (And the head wound was healed, and Gog became man.)
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To: EBH

So that’s, what close to two pounds of vegetables for eight ounces of juice—or almost four pounds of vegetables a day for two glasses of juice?

What are you doing with the pulp?

I take it you’re not subsisting on juice, but did you see the speculation that a juicing diet is what killed Peaches Geldof at age 25?


47 posted on 04/09/2014 6:56:05 AM PDT by 9YearLurker
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To: mabarker1

I bought two cans of food, one high priced, one cheap.

The high dollar can was packed full to the top,no excess juice or water.

The cheap can was about 3/4 full, the rest water.

I’ve noticed that on all stuff bought at low ball stores.


48 posted on 04/09/2014 6:57:19 AM PDT by Ruy Dias de Bivar (Sometimes you need 7+ more ammo. LOTS MORE.)
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To: ilovesarah2012

Chicken is still the cheapest thing out there, but it may go higher in the future.

I still remember the beef shortage of 1974. I noticed more fat being left on the meat.

My parents remembered the beef glut of the 1930s when government agents bought all they could find, dug a hole and shot and buried them, to create a shortage and get the price up. They would NOT allow anyone to cut a steak from the shot cattle.


49 posted on 04/09/2014 7:01:27 AM PDT by Ruy Dias de Bivar (Sometimes you need 7+ more ammo. LOTS MORE.)
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To: Ruy Dias de Bivar

Chicken really isn’t the cheapest thing out there anymore, at least where I live and I live in “chicken country.”

Your average modern chicken house holds 35,000 broiler/fryers, across the road from me there are 5 such house and the farmer has 12 more just like it on other properties - and that is just one farmer I know. With 2 processing plants in this county, it’s pretty hard to swallow low end whole chickens costing $1.29/lb on sale.


50 posted on 04/09/2014 7:14:02 AM PDT by Gabz (Democrats for Voldemort.)
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To: Gabz

I also live in Chicken Country, in fact, it was some guy by the name of SAM WALTON who broke the economic stranglehold the chicken men had on this county.

Chicken is still cheap.


51 posted on 04/09/2014 7:29:45 AM PDT by Ruy Dias de Bivar (Sometimes you need 7+ more ammo. LOTS MORE.)
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To: txrefugee

Carter was a wuss and an idiot. Obama’s a wannabe-dictator...and he got re-elected.


52 posted on 04/09/2014 7:48:19 AM PDT by RWB Patriot ("My ability is a value that must be earned and I don't recognize anyone's need as a claim on me.")
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To: EBH

My juice was composed of two fingers of Crown and a cup of coffee.


53 posted on 04/09/2014 8:23:36 AM PDT by Dusty Road
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To: Ruy Dias de Bivar
Chicken is still cheap.

We'll just have to agree, to disagree as we apparently have different definitions of the word "cheap."

54 posted on 04/09/2014 10:55:57 AM PDT by Gabz (Democrats for Voldemort.)
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To: central_va

I’m with you,tell my husband that everyday.:)


55 posted on 04/09/2014 11:07:02 AM PDT by fatima (Free Hugs Today :))
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To: KC_Lion

Don’t forget beer, honey, and wheat.

Communism 101: using food as a weapon.


56 posted on 04/09/2014 11:55:41 AM PDT by RKBA Democrat (Guns SAVE Lives! www.VCDL.org)
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To: Dusty Road

Sounds super!

I have found a convection oven the best way to cook wild turkey, pheasant, goose and especially duck! Keeps the moisture in....we don’t like dry meat much. :)


57 posted on 04/09/2014 4:56:33 PM PDT by Daffynition (The price of gas when Heussein took office: $1.81/gal)
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To: Ruy Dias de Bivar

I remember that in 1974. About every few months there was a shortage and price hike in coffee, tuna, sugar, etc.

In the 8th grade I did a political cartoon (class assignment) of a butcher behind a counter of expensive meat with signs like “Layaway Available” and “Credit Cards Accepted” etc.

Got an “A”! lol


58 posted on 04/09/2014 5:01:54 PM PDT by Fledermaus (I support Joe Carr in the TN GOP Primary against Lamar!)
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To: Ruy Dias de Bivar

I grew up in Booneville, AR in the 70’s. We had a small chicken coup in the backyard and sold them to Tyson for a few extra bucks.

I hated it since my dad made me work it!


59 posted on 04/09/2014 5:03:51 PM PDT by Fledermaus (I support Joe Carr in the TN GOP Primary against Lamar!)
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To: Gabz

Yabut, there are a billion chinese and nearly a billion indians buying those chickens too.


60 posted on 04/09/2014 5:09:14 PM PDT by Black Agnes
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